EBK OM
6th Edition
ISBN: 9781305888210
Author: Collier
Publisher: YUZU
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Chapter 4, Problem 4CQD
Summary Introduction
Interpretation: Recommendation in short and long terms.
Concept introduction: BI company is a growing company that manufactures steel brackets and shelving. Based on recent sales calls, they are considering moving from a barcoding system to a radio frequency identification device. Case describes the advantages and challenges of moving to the radio frequency identification device.
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A. Assume that you have completed your plans and proformas for the next year of operations. Your proformas indicate that you will have $250,000 more cash than you think you will need. Your proforma analyses of the environmental factors have indicated a possibility of a new competitor in your industry during the upcoming year. What would you most likely do from the following list?
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